In December the roof was finally repaired, however the damage to the ceiling has not. 

When I am looking for a new investment property and am strapped for cash, I typically look off-market and try and find something that can a seller is looking to sell that needs minimal repairs to be rent ready and the purchase price is 80% of the ARV this way I can use private money to buy in cash, do the repairs needed then refinance on a DSCR loan and pay off the private money loan. 

When I asked the PM, he said the tenant has been difficult when scheduling the repairs.

Quote from @Jinxiang Xu: New to being a landlord, and already forked out $20k for foundation repair on this rental house.

Those are often your big ticket repairs. 

. 🙂 By investing between your ears, I mean only you can really actively study real estate and different techniques that are right for you. 

.✅ Keep an emergency fund for unexpected repairs and vacancies.2.

I think a lot of these folks are selling the illusion of secret techniques to get new investors to write a check.

I did not include vacancy, repairs, management, and other cost, When determining what I was going to rent them out for.The one critical thing you never told us is what is the current rent and what is the current market rent.

Quote from @Sean Spagnola: What renovations bring the highest after repair value?